Russia, Chelyabinsk zinc plant
Chelyabinsk zinc plant in 2016 increased net profit under RAS by 1.7 times against 2015 to 3.9 bln roubles, is said in the company’s report under RAS.
Chelyabinsk zinc plant, the largest Russian producer of high-quality zinc and its alloys, member of the metallurgical group of UGMK, has summed up the operating results for January-December 2016.
UGMK of Iskandar Makhmudov and his partners plan to complete the consolidation of 100% of Chelyabinsk zinc plant (CZP, the largest producer of zinc).
Chelyabinsk zinc plant has been declared the winner of the competitive selection of investment activity subjects for inclusion in the list of priority investment projects of the Chelyabinsk region
UGMK of Iskandar Makhmudov and partners has received the FAS’ permission to consolidate the Chelyabinsk zinc plant on the third attempt.
In H1 2016 the revenue of the Chelyabinsk zinc plant rose by 4.11% to 12.531 bln roubles.
In H1 2016 Chelyabinsk zinc plant reduced its net profit under RAS by 16.6% to 1.7 bln roubles against H1 2015, the company reports.
The Chelyabinsk zinc plant in H1 2016 produced 89.733 thousand tons of saleable zinc of Special High Grade (SHG) mark and alloys on its basis, which is by 2.2% higher than in H1 2015 (87.772 t
The largest Russian zinc producer OJSC “Chelyabinsk Zinc Plant” (CZP) increased production of zinc and zinc alloys by 2.23% up to 89.733 thousand tons in the first half of 2016 compared
The net profit of Chelyabinsk zinc plant in the amount of 2.336 billion rubles will be spent for investment activities. According to the Chelyabinsk zinc plant’s PR department, the decision was made at the annual general meeting of shareholders on June 28, 2016.
The key production and financial results for 2015 were announced. The plant produced 171 thousand tons of zincm corresponding to Special High Grade standard. The enterprise’s consolidated revenues under IAS amounted to 24.013 billion rubles, EBITDA – 4.789 billion.